Sup folks,
Debates have been rampant about the start of the entire swing low to swing high move recently, since a few exchanges had a lower low at the start of my wave I chose to use this as a starting point.
I labeled the EW patterns for clarity sake and left the fibs in.
Timeframe wise this would have to be a 12345 with us finishing A currently and then going...
First and foremost: I am biased with VTC as I like the project alot. Nevertheless my as objective take on TA on it:
There are 2 possibilities here by simply looking at s/r + historical patterns on the 2 D chart:
A)
There is a possibility that we are leaning towards gaining momentum with VTC as we do have a falling Wedge pattern with a breakout and retest as of...
There is a possibility this is a bullflag playing out here within the Impulse EW that broke the previous Wedge.
If this is wave 2 and we break out of this flag into a wave 3 you can play the wave 3 up until 4 or rather take some profits and wait for the classic fib extension goal slightly below 1.6 (wave 5 endpoint).
HOWEVER. I suggest using this to monitor a...
